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At a news conference in Brussels, the European Commission vice-president for the euro, Valdis Dombrovskis, said the Greek government needed to be "responsible and honest" with its people about the potential consequences of the decisions it was facing.

"The 'no' result, unfortunately, widens the gap between Greece and other eurozone countries," he said.

"There is no easy way out of this crisis. Too much time and too many opportunities have been lost."

But he said the stability of the eurozone was not in question, adding: "We have everything we need to manage the situation."

German viewpoint, by BBC Berlin correspondent Jenny Hill

Among the German tourists taking photographs outside the Reichstag in Berlin I met Peter.

The Greeks, he told me, "aren't willing to pay back their debts and I'm not very happy about it. I want Greece to think of the whole of Europe and not just themselves".

It's a commonly held view here. Greece may push for a debt cut or restructuring - especially after the IMF said that is exactly what the country needs - but it simply won't wash in Berlin. Greece must successfully institute reform first, said the German vice-chancellor today. To offer debt relief now, said Sigmar Gabriel, would destroy the eurozone.

Greece's Economy Minister, Georgios Stathakis, told the BBC the ECB had to keep Greek banks alive for seven to 10 days so that negotiations could take place.

But even if the ECB continued to freeze the Emergency Liquidity Assistance (ELA) at €89bn (£63bn; $98bn), the current cash withdrawal and transfer restrictions on banks of €60 per day could stay in place until Friday without any of them collapsing, he said.

Greek Prime Minister Alexis Tsipras said he was willing to go back to the negotiating table on Monday, noting that an International Monetary Fund (IMF) assessment published this week confirmed that restructuring Greece's debt of more than €300bn was necessary.

However, German Vice Chancellor Sigmar Gabriel warned that any unconditional debt write-off or "haircut" would destroy the single currency.

What are the scenarios for Greece?

"I really hope that the Greek government - if it wants to enter negotiations again - will accept that the other 18 member states of the euro can't just go along with an unconditional haircut," said Mr Gabriel, who is also Germany's economy minister.

"How could we then refuse it to other member states? And what would it mean for the eurozone if we'd do it? It would blow the eurozone apart, for sure."

Mr Varoufakis said it was felt his departure would be helpful in finding a solution to the country's debt crisis.

He said he had been "made aware of a certain preference by some eurogroup participants, and assorted 'partners', for my... 'absence' from its meetings".

Greece had been locked in negotiations with its creditors for months when the Greek government unexpectedly called a referendum on the terms it was being offered.

Greece's last bailout expired on Tuesday and Greece missed a €1.6bn payment to the IMF.

The European Commission - one of the "troika" of creditors along with the IMF and the ECB - wanted Athens to raise taxes and slash welfare spending to meet its debt obligations.

Greece's Syriza-led government, which was elected in January on an anti-austerity platform, said creditors had tried to use fear to put pressure on Greeks.